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china's also got middle managers to run the factories. chinese workers have been trained in skilled positions for decades. those same skilled positions have nearly vanished here in the united states. and chinese labor is the reason apple can afford to train americans and pay american wages right now. look at this apple's net income. $41.7 billion over the last 4 quarters. that ain't bad. in fact, that's almost $7 billion more than the next six companies combined. microsoft, ebay, google, yahoo! facebook, and amazon. they can't keep up. cheap chinese labor helped apple make almost $50 billion in the next fiscal quarter, alone. those profits allow apple to finally do the right thing. they're going to hire more americans. the ceo says he feels the company has a responsibility to create jobs. we wish more ceos would show that economic patriotism. it's a heck of a start. let's bring in e.j. dionne, msnbc contributor and "washington post" columnist and author of the book "our divided political heart." e.j., we need more stories like this. what
china's also got middle managers to run the factories. chinese workers have been trained in skilled positions for decades. those same skilled positions have nearly vanished here in the united states. and chinese labor is the reason apple can afford to train americans and pay american wages right now. look at this apple's net income. $41.7 billion over the last 4 quarters. that ain't bad. in fact, that's almost $7 billion more than the next six companies combined. microsoft, ebay, google, yahoo!...
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china is doubling down on r&d. china is doubling down on energy research. we can't do that for economic reasons. >> right. >> i like winning. >> budget is about policy, and it creates your priorities. >> the other thing is, there is a big issue -- big economic issue beyond jobs and beyond the deficits. and that is how do we create an economy in which the middle class is growing, in which people work hard and can get ahead? and all the things that you mentioned are important to that task. so we can't give up on that. >> two other points also. if by going after discretionary -- that's just another form of kicking the can down the road. you know, if you're not going to invest in education or the future, that is no different than not attacking -- >> can i also tell you also, it is -- it's also being a doctor. i always talk about being a doctor that opens up a patient, sees cassi s cancer, closes you you're fine. that's also a doctor who decides they're going to decide to take off a wart. erskine bowles said every dime washington took in went to pay off medicaid
china is doubling down on r&d. china is doubling down on energy research. we can't do that for economic reasons. >> right. >> i like winning. >> budget is about policy, and it creates your priorities. >> the other thing is, there is a big issue -- big economic issue beyond jobs and beyond the deficits. and that is how do we create an economy in which the middle class is growing, in which people work hard and can get ahead? and all the things that you mentioned are...
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romney lost the election, but i think he was right about the need to get tough with china. i think that would help up a lot. also, we should open up more offshore areas for drilling, produce more of our own oil, those kinds of things bring down the trade deficit a lot and create the ability to deal with our deficit more reasonably and still provide for people in a more reasonable way. >> so, jared, another area of concern is republicans are now threatening to use the debt ceiling again to basically take the country hostage again. yesterday i compared the debt ceiling -- >> when you talk about the debt ceiling you get very loud. >> i get very emotional. i don't know about that. i do get very emotional. i compared it it to physicianle c fiscal syphilis yesterday. >> i heard your rant. i linked to it on my blog. >> thank you. last time they took the country hostage, it was very damaging, i think, for confidence in our political system, the u.s. credit rating was actually downgraded. it didn't seem to have that much of an impact on the economy. what can we expect if republicans
romney lost the election, but i think he was right about the need to get tough with china. i think that would help up a lot. also, we should open up more offshore areas for drilling, produce more of our own oil, those kinds of things bring down the trade deficit a lot and create the ability to deal with our deficit more reasonably and still provide for people in a more reasonable way. >> so, jared, another area of concern is republicans are now threatening to use the debt ceiling again to...
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south china sea and the norse china sea as well where japan in north korea that's in their careers are involved as well but this is a big difference a big power play basically between the u.s. and china and india who wants to more or less control what goes on in an indian ocean we all know that in the future these three all have to live in the same waters the chinese navy the indian navy and u.s. navy so that brings us to the u.s. pivoting announced by a bomb almost a year ago at the pentagon if they go with the militaristic kind of thing towards asia then we're going to have a conflagration against china soon within the next few weeks if they go for some kind of commercial alliances with countries in asia individually then it's a much better prospect for the u.s. and for the west in general ok alexander you know. again you i mean you no need to is nato a force for good ok because it's looking to the pacific now. well i mean nato is reaching out to countries like australia and japan to intensify their cooperation but i'll give you an example of that you just mentioned a country where i
south china sea and the norse china sea as well where japan in north korea that's in their careers are involved as well but this is a big difference a big power play basically between the u.s. and china and india who wants to more or less control what goes on in an indian ocean we all know that in the future these three all have to live in the same waters the chinese navy the indian navy and u.s. navy so that brings us to the u.s. pivoting announced by a bomb almost a year ago at the pentagon...
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and china and india place off in the scramble for the votes resources of the south china sea building up the military ensuring accusations just think they explained. it six pm here in moscow you live with our team new protests expected to engulf the gyptian capital with president morsi as much anticipated state address failing to quell public anger the opposition is disappointed with morse's refusal to resign to the disputed draft constitution and is calling friday's rallies a final all to mate and to the country's leader kyra based reporter bel truly an artist's home botton are following developments for us the moment morsi basically stuck by his decisions he said in his speech he said consulate curation which was very contentious very people described it as a power grab was essential basically in the transition period to democracy and very important protecting the constituent assembly which drafted the constitution to be get to this point we're going to have a referendum on the constitution next week he also blames. parties for the violence that we saw on the streets in cairo on wed
and china and india place off in the scramble for the votes resources of the south china sea building up the military ensuring accusations just think they explained. it six pm here in moscow you live with our team new protests expected to engulf the gyptian capital with president morsi as much anticipated state address failing to quell public anger the opposition is disappointed with morse's refusal to resign to the disputed draft constitution and is calling friday's rallies a final all to mate...
SFGTV: San Francisco Government Television
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china town, according to the element in the general plan has china town as high need neighborhood. that mean with list open space per capita in america we have a big population of families with children and senior population with 90%. that means what we have is what we have. and also immigrant and low income community i think is understatement. if i continue to say how much open space we need and how much improvement we need. but i think the good thing about what's before us is we finally have the opportunity to turn policy into outcome. so i ask you to support that. i also want to commend the department. china town development center. really enjoy working with this department. we have a great relationship working with the community. the people. many more. appreciate the respect and sensitivity to the neighborhood. and work collaboratively with the neighborhoods. whether from open space or library to chinese rec center. obama says the best is yet to come. we are looking forward to improving in this part. thans. >> thank you. >> any other public comment on this item? being none publ
china town, according to the element in the general plan has china town as high need neighborhood. that mean with list open space per capita in america we have a big population of families with children and senior population with 90%. that means what we have is what we have. and also immigrant and low income community i think is understatement. if i continue to say how much open space we need and how much improvement we need. but i think the good thing about what's before us is we finally have...
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china sea is my backyard because one of my bases is hong kong in fact what's happening the south china sea is going to be solved in a mechanism between the association of the southeast asian countries stan countries and china the problem is the un they will last to have a collective bargaining discussion and that china wants a bilateral discussion i'm sure over the next few i wouldn't say months but perhaps over the next two years or so they will find a mechanism to discuss all the disputes it's basically about oil and gas it's always about energy so who's going to exploit water. so they're going to still has problems in the south china sea. no it's not i hope i'm right it's it's it's so odd to we we are getting from the political leadership from these southeast asian nations and also from the chinese as china doesn't want a confrontation with the south east southeast asia especially because most of these countries if not all of them their major trading partner is guess it china of course you would probably already know the reference currency all over southeast asia nowadays it's not t
china sea is my backyard because one of my bases is hong kong in fact what's happening the south china sea is going to be solved in a mechanism between the association of the southeast asian countries stan countries and china the problem is the un they will last to have a collective bargaining discussion and that china wants a bilateral discussion i'm sure over the next few i wouldn't say months but perhaps over the next two years or so they will find a mechanism to discuss all the disputes...
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and the china and india face off in the scramble for the world's resources of the south china sea building up their military and throwing accusations to stake their claim. they're watching our t.v. live from moscow with me to say new protests expected to engulf the egyptian capital with president morsi as much anticipated state address failing to quote public anger the opposition is disappointed with morsi his refusal to resign to the disputed draft constitution and is calling for it israel is a final ultimatum to the country's leader car obeys reportable true an hour to his time boxen are following developments for us president mohamed morsi basically stuck by his decisions he said in his speech he said this constitution that duration which is very contentious very people described it as a power grab was essential basically in the transition period to democracy and very important protecting the constituent assembly which drafted the constitution so that we get to this point where we're going to have a referendum on the constitution next week he also blamed third parties for the violence t
and the china and india face off in the scramble for the world's resources of the south china sea building up their military and throwing accusations to stake their claim. they're watching our t.v. live from moscow with me to say new protests expected to engulf the egyptian capital with president morsi as much anticipated state address failing to quote public anger the opposition is disappointed with morsi his refusal to resign to the disputed draft constitution and is calling for it israel is...
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with reporting from london still ahead india is ready to flex its muscles in the south china sea as a country prepares to stage its claim for huge oil and gas fields again. uncompromising beijing plus. the u.s. senate received to the medicine from. the travel ban on russians accused of breaching human rights. stories to the ambitious multi-billion dollar pipeline is now officially under construction the project brings together europe's biggest energy. russian gas pumps straight to the continent. reports all of this crude winter take it may not sim like it but this beach is a gateway to sun the sun you russians during their holidays and this also become a gateway for russian gas into europe this day march the start of the construction of one of the most ambitious uncertain expensive supply systems on earth no surprise there was plenty of groundbreaking ceremony such as to be importance being placed on the project president clinton himself was here the. black sea to bulgaria and on to greece and austria the project was dreamed up to the idea the more. the was to move pipelines the more
with reporting from london still ahead india is ready to flex its muscles in the south china sea as a country prepares to stage its claim for huge oil and gas fields again. uncompromising beijing plus. the u.s. senate received to the medicine from. the travel ban on russians accused of breaching human rights. stories to the ambitious multi-billion dollar pipeline is now officially under construction the project brings together europe's biggest energy. russian gas pumps straight to the...
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to india is ready to flex its muscles and the son of china sea to prepare. to stake its claim for huge oil and gas fields against an uncompromising beijing plus. u.s. senate receives and to protect medicine from moscow in response to its decision to slap a travel ban on russians accused of breaching human rights that's another international news official break. a forty nine year old southern california man was thrown in president charles with possessing materials to make an explosive device all because of his rather unusual wristwatch despite the bomb squad saying that his watch was not a weapon here rated custody for twenty four hours and was charged with the crime anyways a spokesman for the el meter county sheriff's department said that the man's watch had all the components to make an improvised explosive device minus the explosive material you know having a lighter in your pocket is also everything you need to self exposure minus the gun powder but before we make a victim out of this watch where i have to point out one thing the watch he was wearing was
to india is ready to flex its muscles and the son of china sea to prepare. to stake its claim for huge oil and gas fields against an uncompromising beijing plus. u.s. senate receives and to protect medicine from moscow in response to its decision to slap a travel ban on russians accused of breaching human rights that's another international news official break. a forty nine year old southern california man was thrown in president charles with possessing materials to make an explosive device all...
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sea china claims most of the territory for itself but india has also managed to get access by buying a stake in a vietnamese gas field shortly after hanoi accuse chinese boat of sandwich dodging exploration india warned it's ready to use force to defend its interests or for me as i said they choose not to lead to a longer term conflict but you know it's inevitable because both these countries now large ambitions of becoming be local actors and players both china and india have been pumping billions of u.s. dollars into their armies and navies holding drills on a regular basis and beijing has also announced its police will soon start to board and inspect foreign vessels surely the vast oil reserves in the south china sea are just too big of a cash for neither china or india to pass up because i really want the conflict between the two economic power houses says it may be a game that neither can win the two asian giants can't afford any weaknesses and that would make it easier for other countries to take a bite of the vast resources the u.s. has long been increasing its economic and mi
sea china claims most of the territory for itself but india has also managed to get access by buying a stake in a vietnamese gas field shortly after hanoi accuse chinese boat of sandwich dodging exploration india warned it's ready to use force to defend its interests or for me as i said they choose not to lead to a longer term conflict but you know it's inevitable because both these countries now large ambitions of becoming be local actors and players both china and india have been pumping...
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asia is seeing a bottle for resources as well was the two powerhouses china and india an easing of a fuel to feed their growing hunger but as a nation squabble over who gets the biggest slice of the oil and gas cakes they could be others waiting to sneak in and pinched a lot. of workers going off reports new delhi and beijing are heading for game over if they don't find common ground. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess that nationalism the indian government cannot afford to be seem to be weak in dealing with china obviously a higher power with government. over two hundred billion barrels of oil and large amounts of natural gas that's more than the vast majority of the world's energy rich nations have all hidden under the south china sea china claims most of the territory for itself but india has also managed to get access by buying a stake in a vietnamese gas field shortly after one only accuse chinese b
asia is seeing a bottle for resources as well was the two powerhouses china and india an easing of a fuel to feed their growing hunger but as a nation squabble over who gets the biggest slice of the oil and gas cakes they could be others waiting to sneak in and pinched a lot. of workers going off reports new delhi and beijing are heading for game over if they don't find common ground. as china and india rise economically their military muscles are growing as well both need energy to keep that...
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before he moved to china he could see it from his house. so pictures of mountains also surge memories of home. finally, he was able to set foot on the land of his birth in 1988, watanabe visited japan with others displaced by the war. he hoped to reunite with his family. but with so little information about his parents, watanabe couldn't find them. even so he chose to return to japan for good. he and his chinese wife decided to live where his guarantor lived. watanabe was 53 at the time. but settling into japan was not easy. watanabe couldn't get a job. employers found him too old. so he and his wife live frugally on welfare. learning japanese has been another struggle. even today he has trouble retaining the language. >> translator: i find it difficult to remember what i've learned. there are still so many words that i still have a hard time understanding. >> reporter: but if life gets him down, he can turn to someone for help. he makes it his job to help orphans displaced by the war. 24 years ago he became watanabe's guarantor. and to thi
before he moved to china he could see it from his house. so pictures of mountains also surge memories of home. finally, he was able to set foot on the land of his birth in 1988, watanabe visited japan with others displaced by the war. he hoped to reunite with his family. but with so little information about his parents, watanabe couldn't find them. even so he chose to return to japan for good. he and his chinese wife decided to live where his guarantor lived. watanabe was 53 at the time. but...
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three hundred pounds india and china are struggling to share regional resources. it's perched atop a jaw and the view from the kremlin stretches as far as the eye can see. for a city to siberia for centuries. it lost its economic importance even before it was bypassed but a chance. but a spiritual. things like these are a yearly occurrence thousands of worship implicity will to commemorate the baptismal jesus. in the fifteen eighties the russians had only just. taking it from the muslims. surrounded by enemies to be their stronghold constructed on top of the city but soon enough it became an economic hub. bringing in a third of. of the says for the russians the russians. a revolt against the eight hundred twenty five known as the decembrists. they created a replica high society adopting the latest fashions as soon as they came out or at least once they made it from paris to siberia. but the city also set up some. of the russian royal family after the bolshevik revolution. this is the office was nicholas the second spend most of the last year of his life his whole
three hundred pounds india and china are struggling to share regional resources. it's perched atop a jaw and the view from the kremlin stretches as far as the eye can see. for a city to siberia for centuries. it lost its economic importance even before it was bypassed but a chance. but a spiritual. things like these are a yearly occurrence thousands of worship implicity will to commemorate the baptismal jesus. in the fifteen eighties the russians had only just. taking it from the muslims....
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but first we go under the radar for china. what new data beyond the great wall is suggesting about investment opportunities there. those stories and much more coming up on halftime. >> i think you know we upgrayed our exposure to china last week, so i kind of agree with some of the comments just made, the recent data reports look better in china. they have really outperformed. therefore that latter group is cheap. so we like increasing china exposure. >> that was morgan stanley's adam parker, one of the biggest bears on the street getting bullish right here on kwf hattime." jane ulrich joins us now with her 2013 outlook. it's nice to see you again. welcome. >> thank you very much. >> is it just me or has sentiment seemed to change better? >> absolutely. yes, indeed. i think november was actually the inflexion report for the chinese market and kmchinese economy. if you look at the data, pmi data are more positive. industrial production is up. retail sales are bouncing back. but more importantly i've been speaking to a lot of co
but first we go under the radar for china. what new data beyond the great wall is suggesting about investment opportunities there. those stories and much more coming up on halftime. >> i think you know we upgrayed our exposure to china last week, so i kind of agree with some of the comments just made, the recent data reports look better in china. they have really outperformed. therefore that latter group is cheap. so we like increasing china exposure. >> that was morgan stanley's...
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still ahead this hour india is ready to flex its muscles in the south china feed the country to this day continue to pull huge oil and get the. again the non-compromising b. gene that. the u.s. senate received some tit for tat medicine from moscow in response if the season to slap a paddle ban on buffett the kids of be consumed by that and i think the next minute . great. a forty nine year old southern california man was thrown in prison and charged with possessing materials to make explosive device oh because of his rather unusual wristwatch despite the bomb squad saying that his watch was not a weapon here rated custody for twenty four hours and was charged with the crime anyways a spokesman for the el meter county sheriff's department said that the man's watch had all the components to make an improvised explosive device minus the explosive material you know having a lighter in your pocket is also everything you need to self exposure minus the gun powder but before we make a victim out of this watch where i have to point out one thing the watch she was wearing was designed to look
still ahead this hour india is ready to flex its muscles in the south china feed the country to this day continue to pull huge oil and get the. again the non-compromising b. gene that. the u.s. senate received some tit for tat medicine from moscow in response if the season to slap a paddle ban on buffett the kids of be consumed by that and i think the next minute . great. a forty nine year old southern california man was thrown in prison and charged with possessing materials to make explosive...
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of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions are going whild here. in all seriousness, i don't think unions are any more placid here than they are in china. >> but in china, workers go out on wildcat strikes all the time. foxconn which manufactures about 97% of apple's products, they've been really subject to labor troubles, from suicides to strikes. so i think apple is starting to see that there are some really important economic reasons to manufacturing. they're not the only company doing that. >> is it robots they're going -- i was told that apple is going into a
of china." serious question, do you think actual's doing this for politics or economics? >> actually both. but when you look at china, though, their manufacturing days are over. americans are less produmore pr less prone to strike -- >> are you sure american works are less prone to strike? we've reported on this show a whole bunch of strikes, including the hostess twinkie companies, the ports of los angeles and out on the west coast. we have obama in the white house. the unions...
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starbucks is not slowing down in china. we see slowdown in china from yum! brands. we also see it from tiffany's. starbucks had a very, very good quarter. the stock gapped higher. analyst howard schultz said the right thing, they are not slowing down in china. green mountain i think has problems. they have too much competition. they have a lot of inventory. there is possible accounting. i would not be selling puts in a stock like green mountain, that you could blink your eye, it could be $25 next week. > > it went down from $110. i'm comfortable owning it at a lower level. i think- > > what level? it traded at $29- > > if i buy it at $30, i can live with that- > > it just traded 18 two months ago- but to get back to starbucks, starbucks is going into tea in india. that's big. > round number three: tip top ten. 10 s&p stocks make up 80% of the index climb. is that bullish or bearish for equity markets? > > obviously it is bullish. if you look at what stocks have rallied this year, we talked about it last week, is the banks. the banks have been on fire. apple is one o
starbucks is not slowing down in china. we see slowdown in china from yum! brands. we also see it from tiffany's. starbucks had a very, very good quarter. the stock gapped higher. analyst howard schultz said the right thing, they are not slowing down in china. green mountain i think has problems. they have too much competition. they have a lot of inventory. there is possible accounting. i would not be selling puts in a stock like green mountain, that you could blink your eye, it could be $25...
SFGTV: San Francisco Government Television
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prioritized spending $9 million in china town area. that was done for a couple of reasons, many of which have been discussed in the hearings leading up to this conversation. essentially that china town is the densest in san francisco, the most open space poor, as you often hear in our conversations here, and that the analysis the planning department did indicated much of the spillover from increased density created by the new housing and new office space in the plan area would affect not just the downtown and south of market by china town. what is before you today is affirming and supporting what the planning commission did on october 18th. to prioritize spending those impact fees in the china town neighborhood. i want to note quickly the ipic committee on which the rec department has a seat is body charged with the actually allocation of those fees. i believe we talked a little about that in the september hearing but happy to answer more questions on that, as necessary. >> is there any public comment on this item? please come forward.
prioritized spending $9 million in china town area. that was done for a couple of reasons, many of which have been discussed in the hearings leading up to this conversation. essentially that china town is the densest in san francisco, the most open space poor, as you often hear in our conversations here, and that the analysis the planning department did indicated much of the spillover from increased density created by the new housing and new office space in the plan area would affect not just...
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>> well, you know, my assessment is that if i were china and i was in the economic position that china's in and i was in a position of where i have to look after my global security interests, i would consider building an aircraft carrier. and i might consider building several aircraft carriers. so the real question is whether we should be concerned with them or not. like any other country that builds aircraft carriers is whether or not those types of platforms will be successfully integrated into a global security environment that's a peaceful one. and they have a role in maintaining the peaceful global security environment. if the issue is that they're not part of that global security environment, then i think we have to be concerned about that. >> so -- [inaudible] >> well, i think we're, we're hopeful that they're part of the security environment, and we're doing everything we can possible with our, with the chinese at least on the mil to mil to try to bring them into the security environment in a way that's already fairly mature globally, in a way that they are productive part of tha
>> well, you know, my assessment is that if i were china and i was in the economic position that china's in and i was in a position of where i have to look after my global security interests, i would consider building an aircraft carrier. and i might consider building several aircraft carriers. so the real question is whether we should be concerned with them or not. like any other country that builds aircraft carriers is whether or not those types of platforms will be successfully...
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how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i don't want to write-off yum. i feel like this was so devastating. i got to see something positive before i can come on this show and say buy it. >> how about wsm? >> here's a terrific report. they say the growth story is unappreciated. william sonoma next week pier 1 reports next week restoration hardwa hardware. everything in the house is doing better. possible sandy story. possible employment story. where would those employment numbers be had it not been for sandy? business is real good for ll. no one wants to say our business is great because of sandy because of the loss of life and the
how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i...
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it says designed by apple in california, assembled in china. all apple products are made in china. that's about to change. ceo tim cook announced starting next year one line of computers will be designed and built in the usa. >> i think it's a big surprise. >> reporter: cnet says with one line of macs and not the iphone or ipad, apple is not taking a huge risk. >> for apple to say this is something they want to do that they want to manufacture here in the united states, it's a big deal. it's a big differentiate tore for this company. >> reporter: this is the image that apple likes to show. that has been tarnished by sweat shop conditions at the chinese factories. nets were installed outside the dormitories run by apple contractor to prevent suicides after several contract workers jumped to their deaths. after widespread media reports apple began to improve conditions. >> they love the computers but we were saying i don't know, it's not conscious consumerism which is what we're looking at now. where is your money going. what is it supporting? >> reporter: made in america may be an e
it says designed by apple in california, assembled in china. all apple products are made in china. that's about to change. ceo tim cook announced starting next year one line of computers will be designed and built in the usa. >> i think it's a big surprise. >> reporter: cnet says with one line of macs and not the iphone or ipad, apple is not taking a huge risk. >> for apple to say this is something they want to do that they want to manufacture here in the united states, it's a...
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china is starting to come back. on the other side of china, we should start to see good rebound. that is the premise. here we are in the united states with one of the best economies in the world getting better and the potential to take them off the rails with the fiscal cliff conversation. liz: more than 200 companies have moved up their dividend of dave. do you have plans to speed up your favorites before the end of the year, andrew? >> we have a very healthy dividend payment. we have what we consider a long-term approach. the short answer is, we are looking at all options. it is doubtful we will do anything. liz: are you in the cheering for you think it will not be as bad if they do not strike a deal? >> there is no business leader out there that is not in the camp of saying if this does not get done, this will be a very negative affect on the u.s. economy. we are in the camp, all of us, working hard to bring that point to both sides of the aisle. i believe that they are hearing that very loudly from many of us in the business community. the hammering out and the public domain
china is starting to come back. on the other side of china, we should start to see good rebound. that is the premise. here we are in the united states with one of the best economies in the world getting better and the potential to take them off the rails with the fiscal cliff conversation. liz: more than 200 companies have moved up their dividend of dave. do you have plans to speed up your favorites before the end of the year, andrew? >> we have a very healthy dividend payment. we have...
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china you know china get paid seven twenty five five fifty an hour that's below the federal minimum wage how do they how do they pull that off well basically they have there's a lot them for car washing cars washers where they had they supposed at the tip to the to the paycheck to make it look like seven twenty five but what they doing is the force of the you know they put him on it it's the same we make him eight hundred dollars a ticket with only making fifty dollars a week until it's wow do you do they do they report that to the i.r.s. or just to you i mean how does how do they how do they get away with that. i really don't know so it's that they just have very good bookkeepers of him like that so so some of the other people that you were on strike essentially with today are out protesting with. any other stories that you heard that you thought were interesting . yeah her leg stories from montana workers who would walk fifty blocks to their house because seventeen if i was and is enough for the event it's not enough for the food to feed their families and it is very sad that people ha
china you know china get paid seven twenty five five fifty an hour that's below the federal minimum wage how do they how do they pull that off well basically they have there's a lot them for car washing cars washers where they had they supposed at the tip to the to the paycheck to make it look like seven twenty five but what they doing is the force of the you know they put him on it it's the same we make him eight hundred dollars a ticket with only making fifty dollars a week until it's wow do...
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Dec 7, 2012
12/12
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but in china, no such luck. after beijing's worst downpour in decades washed out this home, he and his wife had to borrow $3100 in friends and relatives to rebuild, a small fortune on his meager salary. there's no such thing as homeowners insurance, he says. the industry here has been agreeing over the past decade, but still underdeveloped with private policies largely a foreign idea. in countries like the united states, homeowners insurance replaces pretty much whatever somebody owns. about you but here there is no such guarantees, so people are forced to salvage whatever they can on their own. as more chinese get richer, many are looking for ways two o prot their wealth and lives. >> people are some savings, a first car and all that, typically insurance product is actually a very good product for them. >> right now car insurance is popular. china is expected to become the second largest insurance market behind the u.s. by 2020. and the competition is fierce, still dominated by chinese players like picc. intern
but in china, no such luck. after beijing's worst downpour in decades washed out this home, he and his wife had to borrow $3100 in friends and relatives to rebuild, a small fortune on his meager salary. there's no such thing as homeowners insurance, he says. the industry here has been agreeing over the past decade, but still underdeveloped with private policies largely a foreign idea. in countries like the united states, homeowners insurance replaces pretty much whatever somebody owns. about...
SFGTV2: San Francisco Government Television
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Dec 7, 2012
12/12
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but i wanted to write about an aspect about china and women. those were the 2 things i knew when i began the first book. i was fortunate enough to it stumble upon the silk working women which gave me everything i wanted. it gave me the culture. it gave me a sense of what it meant to be a female chinese women in that time and a sense of empowerment on what they had done. regardless of what they understood they were doing at the time. they didn't know it was a culture that was earning money and living independent of husbands and family that was doing everything against what it meant to be in the chinese culture. i hadn't heard about that and it was perfect. it was exactly what i was looking for. i can go off and preach about the fact they think so many of us asian american authors and asian authors in general tend to go back and write about our ancestors and write about things in our past not our specific past but may be of of ancestors and mothers and grand mothers. we have been telling their story. i think the generation to come, will be tellin
but i wanted to write about an aspect about china and women. those were the 2 things i knew when i began the first book. i was fortunate enough to it stumble upon the silk working women which gave me everything i wanted. it gave me the culture. it gave me a sense of what it meant to be a female chinese women in that time and a sense of empowerment on what they had done. regardless of what they understood they were doing at the time. they didn't know it was a culture that was earning money and...
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that will be china, why? >> well, i think that apple isn't it rating as fast, we're seeing samsung phones coming out every week, like a new one, every week. every size, shape and color, so you've got a lot of competition in the space, apple wasn't doing anything in china a few short years ago and now they're going to the iphone in that debate. and falling-- >> fell two notches. you've got competition now from samsung and the mobile space and they're the gold standard when it comes to computing. i think it's great because it forces apple to make interesting decisions and become more competitive and i think that once a year for a phone. i think we may start to see apple shift in the idea of coming out with an iphone every week. >> and forces apple to shake up the status quo. do you think with the cash they're sitting on might be smarter to make acquisitions out there and broadening the face of offerin offerings? >> i think one thing you're seeing a competition with google and need to start hiring talent to keep
that will be china, why? >> well, i think that apple isn't it rating as fast, we're seeing samsung phones coming out every week, like a new one, every week. every size, shape and color, so you've got a lot of competition in the space, apple wasn't doing anything in china a few short years ago and now they're going to the iphone in that debate. and falling-- >> fell two notches. you've got competition now from samsung and the mobile space and they're the gold standard when it comes...
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conversation today, running from ad campaign assault from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united states. next year, we will do one of our existing mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said get everybody out of china, and do whatever you have to do. make these, make everything you make in the united states, what would that do to the price of this device? >> honestly, it is not so much about price, it is about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the u.s. not necessarily people, but the education, the ability to produce them. >> that is sad, how do we ge
conversation today, running from ad campaign assault from samsung, to the amount of business they do in china, and why can't those jobs be here. why can't you be a made in america company? >> you know, this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines made in america, but engines are made in america that are exported. the glass on this phone is made in kentucky. so we have been working for years on doing more and more in the united...
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>> china remains a major issue for apple and tim cook seems to have a ready answer for it. why can't you be a made in america company? >> this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we've been working for years on doing more and more in the united states. next year, we will do one of our mac lines in the united states. >> let's say our constitution was a little different and barack obama called you in tomorrow and said, get everybody out of china and do whatever you have to do, make these, make everything you make in the united states. what would that do to the price of this device? >> honestly, it's not so much about price. it's about the skills, et cetera. over time, there are skills that are associated with manufacturing that have left the view out. >> cook says apple has already created more than 600,000 jobs here in the u.s., that includes everything from research and development to retail t
>> china remains a major issue for apple and tim cook seems to have a ready answer for it. why can't you be a made in america company? >> this iphone, as a matter of fact, the engine in here is made in america. and not only are the engines in here made in america, but engines are made in america and are exported. the glass on this phone is made in kentucky. so we've been working for years on doing more and more in the united states. next year, we will do one of our mac lines in the...
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12/12
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in china that make the products. several contract workers jumped to their deaths rather than continue working in china. after media reports, apple began to improve conditions. >> they love the computers but we were talking about that over dinner and saying, you know, i don't know. it's not conscious consumerism which is what we're looking at. where is your money going, what is it supporting? people jumping off buildings? >> reporter: made in america may be an emerging trend but apple isn't the first. its rival google announced last summer that its new media streaming device called the nexus q is made in the u.s. speculation is rampant about what computer and where in the u.s. apple will manufacture its former assembly plant in elk grove one possibility. although some see apple's decision as a public relations move, one user says it's right for the times. >> i hope it's something tangible. this is also for the stakeholders. people on the ground actually working on the apple phones. >> reporter: low wages and low fuel
in china that make the products. several contract workers jumped to their deaths rather than continue working in china. after media reports, apple began to improve conditions. >> they love the computers but we were talking about that over dinner and saying, you know, i don't know. it's not conscious consumerism which is what we're looking at. where is your money going, what is it supporting? people jumping off buildings? >> reporter: made in america may be an emerging trend but...
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china overnight one of the few indexes that is breaking that trend. suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>> remember that card we talked to you about the gift card star buck stainless steel gift card goes on sale today. and also as the copy chain plans to open 1500 new locations. so people like starbucks. >>> time now 5:20. new problems this morning for katt williams. there is a new arrest warrant. we'll also tell you what his managers are saying about claims he has retired. >>> plus a new push to change airline policies. how it's connected to the growing popularity of e readers and tablets. >>> you can wake up with ktvu every morning get the mornings top stories that developed wh
china overnight one of the few indexes that is breaking that trend. suggests a modestly improving economy there. right now though most of the major european markets are trading down. checking in on our numbers the futures do indicate a lower opening here as well. a lot is going to depend on the next ten minutes. 11 minutes from now when the employment report comes out. see what happens there. small gains as you can see yesterday across the board for the dow, nasdaq, and s & p. >>>...
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so all my god china again trying to get involved certainly something that people are saying basically congress by voting against this. precaution is just you know trying to score some political points trying to kind of keep the power on its territory you know but of course when we see attempts in the u.s. to block anonymous comments online and of course you don't wiretapping and monitoring things online warrantless li it's a whole different story nobody's screaming and voting you know unanimously against that regulating the internet within u.s. borders is kind of what the deal is but the u.n. stepping in is taking it too far so it certainly is certainly something that looks like the way the congress is reacting to this if it's a matter of internet freedom that it can control that it's a whole different story when it comes to the u.n. body the u.s. is saying no thanks we'll deal with our things by ourselves interesting on a stasi i thank you that was our correspondent on a stasi at church. well then surveillance is getting outta hand these days well brace yourself for this for eyes and
so all my god china again trying to get involved certainly something that people are saying basically congress by voting against this. precaution is just you know trying to score some political points trying to kind of keep the power on its territory you know but of course when we see attempts in the u.s. to block anonymous comments online and of course you don't wiretapping and monitoring things online warrantless li it's a whole different story nobody's screaming and voting you know...
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Dec 7, 2012
12/12
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KPIX
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assembled in china. all apple products are made in china but that's about to change. >> on to the macintosh. >> reporter: ceo tim cook announced today that starting next year one line of macintosh computers will be designed and built in the u.s. cnet says with one like of macs and not the more popular iphone or ipad apple isn't taking a big risk but is making a statement. >> this is a big deal. it's a big differentiator for this company. >> reporter: this is the image apple likes to project happy workers and zealous fans but that image is tarnished by wet shop conditions and low wages and
assembled in china. all apple products are made in china but that's about to change. >> on to the macintosh. >> reporter: ceo tim cook announced today that starting next year one line of macintosh computers will be designed and built in the u.s. cnet says with one like of macs and not the more popular iphone or ipad apple isn't taking a big risk but is making a statement. >> this is a big deal. it's a big differentiator for this company. >> reporter: this is the image...
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. >> sreenivasan: the typhoon is now swirling over the south china sea. it's expected to break up by the weekend. washington state is now the first state in the nation where recreational use of marijuana, by adults, is legal. the new law was approved by voters last month, and took effect at midnight. in seattle, about 100 people marked the occasion by smoking joints beneath the city's iconic space needle. technically, doing that in public remains against the law. marijuana is still illegal under federal law. but the justice department has not said if it will try to block the washington state law or a similar statute in colorado. same-sex marriage also became legal in washington state today, and in maryland. gay and lesbian couples in both states began picking up marriage licenses. those in washington state have to wait three days to be married. same-sex weddings in maryland will begin on january first. maine will legalize the practice on december 29. the three states are the first to approve same-sex marriage by popular vote. in economic news, new jobless
. >> sreenivasan: the typhoon is now swirling over the south china sea. it's expected to break up by the weekend. washington state is now the first state in the nation where recreational use of marijuana, by adults, is legal. the new law was approved by voters last month, and took effect at midnight. in seattle, about 100 people marked the occasion by smoking joints beneath the city's iconic space needle. technically, doing that in public remains against the law. marijuana is still...